facebook
twitter
rss
account
search
search
 

London stumps for nuclear energy

Oct. 14, 2013 at 8:25 AM   |   Comments

LONDON, Oct. 14 (UPI) -- A nuclear power deal for a facility on the western British coast will be a "great deal" for utility customers, a British energy minister said.

The British government said it's close to striking a deal with a French energy company EDF to build a twin nuclear power facility near the country's western coast.

Energy and Climate Change Secretary Edward Davey said long-winded discussions with EDF were close to a conclusion.

European regulations forbid the government from subsidizing such developments directly. Davey said in an interview broadcast Sunday by the BBC consumers wouldn't pay the price for the new twin facility over its 35-year life span.

"I'm convinced I'll be able to look consumers in the eye and say we've got a great deal," he said.

He said the administration of British Prime Minister David Cameron was delivering new power stations and the power to attract enough foreign investments to keep the lights on in the country in a low-carbon fashion.

He offered no time frame for development, saying only he was "extremely close" to striking a deal.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
ATM fees on the rise, again ATM fees on the rise, again
2
First A-29 rolls off Florida assembly line for USAF program First A-29 rolls off Florida assembly line for USAF program
3
Navy orders more Block IV Tomahawk cruise missiles Navy orders more Block IV Tomahawk cruise missiles
4
Saab to overhaul Navy submarine; supply remotely operated vehicles Saab to overhaul Navy submarine; supply remotely operated vehicles
5
Babcock conducting refit, maintenance of mine-hunter vessel Babcock conducting refit, maintenance of mine-hunter vessel
Trending News
x
Feedback